Violation Tracker Individual Record
Company:Merrill Lynch, Pierce, Fenner & Smith Inc.
Date:June 23, 2020
Offense Group:financial offenses
Primary Offense:investor protection violation
Merrill Lynch agreed to pay a $150,000 fine and $250,000 for investor education and staff training, in settlement of allegations it failed to maintain accurate records and failed to properly supervise the activity of its agents.
Level of Government:state
Action Type:agency action
Agency:Connecticut Securities and Business Investments Division
Civil or Criminal Case:civil
HQ Country of Parent:USA
HQ State of Parent:North Carolina
Ownership Structure of Parent:publicly traded
Major Industry of Parent:financial services
Specific Industry of Parent:banking
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